Pre-Leased Multi-Tenant Building — Vikas Puri, Delhi | Commercial Property
A fully-leased B+G+4 commercial building in Vikas Puri, West Delhi, anchored by two institutional tenants across 10,386 sq ft of income-producing space. With Bank of Baroda on the ground floor and HDFC Insurance occupying upper floors, the asset currently generates ₹6.26 lakhs per month — rising to ₹9.20 lakhs as the 25% vacant portion is filled. Priced at ₹20 Crore non-negotiable, this is a rare multi-tenant income asset in an established West Delhi commercial node.
Owning a building where two institutional tenants — a nationalised bank and a leading insurance company — pay rent is as defensively positioned as commercial real estate gets in India. The 25% vacancy is not a liability but an embedded value unlock: filling it takes the yield from 3.76% to 5.52% without any additional capital investment. Vikas Puri is a dense, transit-connected West Delhi market with strong demand from banking, NBFC, and insurance occupiers seeking formal ground-floor presence. The B+G+4 configuration with a basement adds utility flexibility for storage, services, or future tenant needs. At ₹20 Crore with institutional tenancy already in place, the asset offers immediate income, occupancy upside, and long-term capital preservation in a supply-constrained micro-market.